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SMBC Chief Economist Joe Lavorgna discusses the policy of cutting a loan rating of Moody’s ‘money’ credit rating.
JPMorgan Chase CEO Ceymi Dimon, Monday, financial regulators criticized the costs of borrowers who said that borrowers are unnecessary.
Dimon discussed the frustration of the virtually JPMorgan Chase’s annual investor and frustration, which increases and hosting costs, less favorable for less profitable buyers.
“I have already mentioned and ended The value of the mortgage It is like 50 or 75 main points due to the regulation that is not needed to be there for security and health. “
Jamie Dimon says a recession is still a probability: ‘I wouldn’t leave the table at this point’
JPMorgan Chase CEO Jamie Dimon, said that the company’s investor contributed to higher mortgage rates. Source: (JPMorgan Chase)
“And who knows who hurt the most? The less profitable Americans, this is the most – a small house, people who buy the first starting house,” Dimon added.
He said, “It is a great disappointing to go around us in the last 10 years.”
Dimon also discussed Ideas on the overall economy, Expressing concern about the prospect of stagflation – a period of inflation in an upgrade inflation and the potential weakness in the labor market.
Mortgage rates rise in weeks for the first time, Freddie says Mac
“I think one is the worst for a bank and a recession with inflation for most companies, and inflation is recession with inflation, it added that the rise in the rise in contradictions is about twice.
JPMorgan Chase CEO Jamie Dimon also discussed his views on the general economy, expressed concern over the prospect of the table. (Hand through Drago / Bloomberg Getty Images / Getty Images)
For a long time JPMorgan Chase CEO also drew the things he saw as satisfaction from the markets of central banks and budget deficits and tariffs.
“We have a great shortcoming; I have almost a discreet central banks. You think all you can manage all this. I don’t think.”
| Ticker | Safety | Last | Change | Change% |
|---|---|---|---|---|
| Jpm | JPMORGAN CHASE & CO. | 265.74 | +0.80 |
+ 0.30% |
Dimon said that the tariffs have caused a lot of risk in the economy because it affects trade, and the market is satisfied with the slowdown and economic prices and the potential for the rise in consumer prices.
“People feel quite well, because you don’t see your own landscape, effective tariffs,” Dimon said. “The The market landed by 10%. Back back to 10%. I think this is a lot of communication in an extraordinary amount. “
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“I don’t think it’s all that I don’t think that it adds all this to extreme Shrymes, and I think we can predict the result and think that the chance of inflation is a little high.” “There’s a lot there and I think you will see the effect.”
“Even if these low levels remain, if it is today (they) are very extreme tariffs. You also do not know how to respond to each country,” Dimon said.
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